Doha: Qatar Development Fund (QDF) and Nebras Power Company signed a memorandum of understanding to study investment opportunities related to energy projects in countries that will be agreed upon. The signing was held the Qatari Ministry of Foreign Affairs building yesterday. The MoU aims to develop a general framework and to determine the guidelines on which both parties will cooperate to study the investment opportunities.
Khalifa Jassim Al Kuwari, General Manager of the Qatar Development Fund has signed on behalf of the QDF, and Khalid Mohammed Jolo, CEO of Nebras Power has signed on behalf of his company.
Khalifa Jassim Al Kuwari said: “QDF has the honour to sign this memorandum of understanding with Nebras Power in order to enhance the cooperation between the two parties.” He added, “QDF aims to benefit from the expertise of the local companies during the Fund development and projects to reach new markets through the formation of partnerships between Qatar Development Fund and local companies.”
Khalid Jolo said: “We would like to express our happiness on the occasion of the signing of this memorandum with QDF. Where it comes within the framework of strengthening the cooperation between national companies and government agencies, and enforcement for the approach the State has planned on which it support the performance improvement of the national companies globally. “
Jolo added: “We hope by the implementation of this MoU to expand Nebras Power investment globally through access to new countries, and we hope to have projects that will have positive impacts in the areas they are implemented.”
The Peninsula
